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show the economy added just 96,000 jobs in august. the job less rate fell slightly as people gave up looking for work. >>> people who preordered amazon's newest and brighten kindle will have to wait. supposed to ship tomorrow but ship the week of october the 22nd. starts at $119. >> a warning on kids exposure to television even when they are not watching it. a study in the journal pediatrics, the tv is on in the background four hours a day. previous research has found kids exposed to background television don't do well on tests. this is true for children under the age of 2. so even the background. >> your kids don't want tv do they? >> not a lot. they do watch football. 4:51. a whirlwind romance. >> justin bieber gives fans a little more than they bargained for. >> and lindsay lohan said she was assaulted at a hotel. charges against the man she did it were suddenly dropped. ,,,,,, >>> hot temperatures today. it is a spare the air day. air quality going to clear out. we'll have more on that coming up. >> we're off to a pretty nice star
show the economy added just 96,000 jobs in august. the job less rate fell slightly as people gave up looking for work. >>> people who preordered amazon's newest and brighten kindle will have to wait. supposed to ship tomorrow but ship the week of october the 22nd. starts at $119. >> a warning on kids exposure to television even when they are not watching it. a study in the journal pediatrics, the tv is on in the background four hours a day. previous research has found kids...
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. >> reporter: the debate will center on domestic issues including the economy but right now romney is focused on foreign policy and has been slamming the president over his handling of the events in the middle east. in an op-ed in the "wall street journal" romney said the president showed weakness in the middle east. he said president obama heightened the prospect of conflict and instability. he doesn't understand an american policy that lacks resolve can provoke aggression and encourage disorder. white house aides says the president is looking forward to debating foreign policy with mitt romney. >> this president promised two things in 2008. he ended the iraq war. he did. he will focus on bin laden and bring him to justice. >> reporter: romney is said to be planning a major foreign policy speech to be delivered in the next few weeks. foreign policy is the focus of the final presidential debate on october 22nd in florida. >> susan mcginnis in washington this morning. susan, thank you so much. come november colorado voters are expected to pass an amendment addressing the flood of polit
. >> reporter: the debate will center on domestic issues including the economy but right now romney is focused on foreign policy and has been slamming the president over his handling of the events in the middle east. in an op-ed in the "wall street journal" romney said the president showed weakness in the middle east. he said president obama heightened the prospect of conflict and instability. he doesn't understand an american policy that lacks resolve can provoke aggression and...
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. >> wednesday's debate will focus on domestic issues including the economy. romney is talking more about foreign policy and slamming the president. >> in this morning's wall street journal, the president has shown weakness in the middle east. he says president obama has heightened the prospect of conflict. can provoke aggression and encourage disorder. white house aides say the president is looking forward to debating foreign policy with mitt romney. >> promised a few things. end the iraq war , he did. take the fight to al-qaida and degrade them. he has. >> major foreign policy speech to deliver in the next few weeks. >> and foreign policy is the subject of the debating come up on october 22nd. that one is in florida >> mr. romney, we know, is behind in the the polls in the swing states and after that gaff, what's it going to take for him to turn a little for this debate? >> reporter: it won't be easy. it is possible. he's going to have to turn things around. strong debate performances and he really needs to take a lot of these states where he's battling the
. >> wednesday's debate will focus on domestic issues including the economy. romney is talking more about foreign policy and slamming the president. >> in this morning's wall street journal, the president has shown weakness in the middle east. he says president obama has heightened the prospect of conflict. can provoke aggression and encourage disorder. white house aides say the president is looking forward to debating foreign policy with mitt romney. >> promised a few things....
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economy is up this morning. lately from the feds various regions around the country we've seen a lot of weakness. and that's been a worry some sign. could affect employment. we get the september job's employment this friday. a lot of focus as we kick off fourth quarter. dow finished 4% higher. s&p 6% higher. the s&p is up by 8 points. back to you. >> thanks, jason. >>> and now, for a look at what's coming up later on cbs this morning. >> we're going to talk to charlie rose who my guess has a little case of rider cup blues on this monday. good morning, charlie. >> reporter: indeed. extraordinary the spirit of the rider cup and the collapse of the americans. a huge disappointment. for me and golf fans got something very special and good to see. ahead also on cbs this morning, lara rides along in afghanistan. what she learned about al-qaida. new revelations from arnold schwarzenegger that you didn't see last night. how he hopes fob forgiven of the affair. and why he wanted to rewrite his famous line i'll be back. a
economy is up this morning. lately from the feds various regions around the country we've seen a lot of weakness. and that's been a worry some sign. could affect employment. we get the september job's employment this friday. a lot of focus as we kick off fourth quarter. dow finished 4% higher. s&p 6% higher. the s&p is up by 8 points. back to you. >> thanks, jason. >>> and now, for a look at what's coming up later on cbs this morning. >> we're going to talk to...
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not only about washington, but what the economy feels like and looks like. the country is numbed and traumatized by recent economic events. oddly enough that core underlying hopelessness is benefiting the candidate who brought a campaign message of hope four years ago. >> many people think the president could not do that much about it to influence the economy? >> the president, the congress and they're not really sure any idea right now is the one or the set of one ideas to transform our economy from a low lying recovery to something that's better and more productive in a globalized very competitive economy. >> major garrett. he's brilliant, right? >> yes. >> thank you very much. >>> last night's "60 minutes" also showed us lesley stahl's revealing interview with arnold schwarzenegger. how he describes the way his wife, maria shriver confronted him about his affair with the family housekeeper and the child they had together. >> maria wants to have a meeting with your marriage counselor. tell us about that meeting. >> that particular visit that you talk about
not only about washington, but what the economy feels like and looks like. the country is numbed and traumatized by recent economic events. oddly enough that core underlying hopelessness is benefiting the candidate who brought a campaign message of hope four years ago. >> many people think the president could not do that much about it to influence the economy? >> the president, the congress and they're not really sure any idea right now is the one or the set of one ideas to...
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it will focus on the economy and domestic issues. jan crawford is in denver this morning. >> reporter: both romney and the president have no more big campaign events before tomorrow night's debate. last night romney had a rally before more than 5,000 people. he picked up the endorsement of broncos legend john elway. there are less than 10% of voters who say they're undecided, they could change their mind. romney's challenge is to show why his proposals will make their life better and why the president doesn't deserve another chance. there was an interesting group last week in ohio with voters who packed the president in 2008 but aren't sold this time. it shows some think the president isn't to blame for the economy. they also don't know much good about romney thanks to the negative ads romney's campaign has been outspent two to one in swing states. in the debate romney can talk to the voters, give specifics and contrast that with the president's record. for "cbs this morning," i'm jan crawford in denver. >>> both candidates are tryin
it will focus on the economy and domestic issues. jan crawford is in denver this morning. >> reporter: both romney and the president have no more big campaign events before tomorrow night's debate. last night romney had a rally before more than 5,000 people. he picked up the endorsement of broncos legend john elway. there are less than 10% of voters who say they're undecided, they could change their mind. romney's challenge is to show why his proposals will make their life better and why...
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Sep 29, 2012
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it really wasn't -- the assumption was if you helped them you would be helping the broader economy. it didn't work out that way. granted, in late 2008 we were dealing with a lot of unknown, a lot of uncertainty, a lot of lack of information. in 2009 we continued very pro large financial institution bailout policies instead of imposing pain and accountability at that point. and tacking on mortgages nuclear weapon say pain and accountability. what do you mean by that? >> more people should have lost their jobs. more banks should have been required, the sickest ones should have been restructured this period should have been asked to get their bad assets off their books and sell them into some type of facility that we propose to publicly announce and it was never implemented to get the mortgages especially off their balance sheets and restructured. really the mortgages are at the heart of the problem and we never really effectively tackled those mortgages and our economic recovery continues to suffer from a bloated financial sector and very morbid housing market. new say you butted head
it really wasn't -- the assumption was if you helped them you would be helping the broader economy. it didn't work out that way. granted, in late 2008 we were dealing with a lot of unknown, a lot of uncertainty, a lot of lack of information. in 2009 we continued very pro large financial institution bailout policies instead of imposing pain and accountability at that point. and tacking on mortgages nuclear weapon say pain and accountability. what do you mean by that? >> more people should...